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Related Ads > Hertfordshire Business for Sale > Leasehold Convenience Stores to Let > Convenience Stores in Hertfordshire for Sale 

Well Equipped Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence

Undisclosed Hertfordshire
Situated in a parade of shops, residential estate, HERTFORDSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66800
ADVERT IMPRESSIONS : 16,995 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

LEASEHOLD:

£75000
 

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BUSINESS DETAILS:

Features : No Parking Restrictions

2 Bus Stops nearby

IMPRESSIVE TRIPLE FRONTED SALES SHOP in the region of 1,500 sq. ft. sales area with tiled floor, suspended ceiling with fluorescent lighting, modern adjustable shelving, 4 display gondolas, 3 glass topped display deep freezes, 2-2.5m open cool display units (1 used for beers whilst the other is used for soft drinks), 1-1m cool display unit (used for dairy produce).

4 Stockrooms with shelving
Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade of shops, residential estate, HERTFORDSHIRE

Opening Hours : Monday - Saturday inclusive - 7.30 a.m. - 6 p.m.
Sunday opening - 8 a.m. - 5 p.m.
It will be appreciated upon inspection that there is potential for additional opening hours.

Turnover : WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. Gross profit 22% approx. The business also has Oyster and we understand this provides a further income of approximately £85 p.w. The business also has Payzone including the sale of phonecards and we understand this provides a further income of £75 p.w. In addition we understand International Phonecards provide a further revenue of approximately £70 p.w.

Tenure : We understand the premises are held on a secure renewable Council Lease, the present lease having approximately 6 years unexpired at a rental of £9,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £2,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : At present staff operated. 2 full time staff employed. As will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

G6109 / RightBiz
   
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ENQUIRIES:

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